Energoatom is 'doomed to succeed', says vice president

WORLD NUCLEAR NEWS | Ukraine launched an electricity market in July last year, but this tied Energoatom to selling 85% of its electricity production to the Guaranteed Buyer at a fixed low price within the Public Service Obligation (PSO) mechanism. The other 15% could be sold on the day-ahead market. On 20 May, the Cabinet of Ministers approved two resolutions on regulations governing PSOs and electronic auctions for bilateral contracts. The first reduces the 85% restriction to 80%, meaning Energoatom may sell 5% of the electricity it produces under bilateral contract via electronic auctions.

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